Your ticket to the future of economic development… Carrier: Citizens Development Corps Departure: Zambia Arrival: Sustainable & Equitable Economic Development.

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Presentation transcript:

Your ticket to the future of economic development… Carrier: Citizens Development Corps Departure: Zambia Arrival: Sustainable & Equitable Economic Development Time: 2:10pm Michael Levett President, Citizens Development Corps 1726 M Street NW; Suite 1100 Washington, DC Copyright CDC

Your ticket to the future of economic development… Tourism has unique value as a tool for economic growth and opportunity

Your ticket to the future of economic development… TDC’s Mission is to assist individuals, business, regional and national governments, NGOs, and other stakeholders to take full advantage of the opportunities presented directly and indirectly by the tourism sector. TDC’s Methodologies ensure that tourism development is undertaken in a responsible and sustainable manner, supports cultural heritage, environmental stewardship, and benefits the local communities.

Your ticket to the future of economic development… The goals of TDC are ambitious, but attainable. They include: Creating business opportunities for small and medium sized enterprises and entrepreneurs Enhancing environmental and cultural well-being Creating good and lasting jobs Encouraging family and national wealth Creating jobs with low barriers to entry Increasing access to finance for businesses and NGOs Fostering social and political stability and empowerment through increased prosperity.

Your ticket to the future of economic development… To meet the demands for quality tourism development and to provide innovative, wise-use-without-abuse programming, TDC has built a remarkable alliance of implementing partners, including Top universities with tourism management programs Tourism marketing companies Travel publications Environmental organizations Associations and organizations with skills and know-how in tourism-related fields A global Advisory Board of leading professionals from a wide range of sectors

Your ticket to the future of economic development… The tourism industry encompasses nearly every sector of an economy…

Your ticket to the future of economic development…... including traditional tourism industry sectors… Hotels, restaurants, cafes Cultural preservation Travel and tour operators Destination Management Orgs. Sites and attractions Recreation and entertainmentHandicrafts and souvenirs

Your ticket to the future of economic development… A …and all of the industries that support them. Construction and Infrastructure Transportation Agriculture and agribusiness Retail Businesses Finance and financial management Business service providers

Your ticket to the future of economic development… SMMEs in all of these industries face a number of challenges, including: Barriers to market entry Poor quality control Low access to finance Difficulty exporting Insufficient access to information

Your ticket to the future of economic development… To help SMMEs overcome the obstacles they face, i t is important to work with and through BSPs to build local capacity and develop appropriate approaches and solutions in business areas such as…

Your ticket to the future of economic development… Organizational development, strategic planning, HR and contract management, financial planning; Quality control and international certification assistance; Marketing, advertising, and product development Updating IT and other technology; continued…

Your ticket to the future of economic development…...continued Infrastructure development and maintenance; Obtaining and utilizing financing; Business networking, including fostering national and international linkages, developing trade networks, and holding industry- specific trade fairs.

Your ticket to the future of economic development… It is also crucial to identify all of the links on the tourism supply chain, and to build capacity on each link of the chain.

Your ticket to the future of economic development… Supply chain capacity-building activities include:  Creating chains among clients;  Improving quality of goods and services for clients already in a supply chain;  Improving quality of goods and services for clients to qualify for a supply chain;  Improving capacities of supply chains;  Improving access to finance for clients;  Developing procurement processes for chain end-users.

Your ticket to the future of economic development… One example of a tourism supply chain:

Your ticket to the future of economic development… A Success Story in Africa from one of our implementing partners: Dwars River Escape Route and Imbali Live Craft and Art Center. Kylemore, South Africa Increased employment Expanded markets Small firms producing more goods Most money stays in the community 47 people employed Exported goods internationally

Your ticket to the future of economic development… Contact Information: Michael Levett Citizens Development Corps, Inc M Street NW; Suite 1100 Washington, DC Phone: Fax: